Alberta · Receivership (court-appointed)
Fifteenth Report of the Receiver (May 16, 2019)
Court officer report · 16 May 2019
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- operational summarySpecial purpose report supporting the Receiver's application for approval of the sale of RWW's 10% minority interest in the Villeneuve JV to the other joint venturers for $3.3 million, following a sales process that drew no alternative offers.
- purchaserprice: basis: cash · amount: 3300000 · sealed: false · currency: CAD · scope: RWW's right, title and interest in the Villeneuve Property (Participating Interest and Shares in Villeneuve Communities Inc.) · status: proposed · name note: the other three joint venturers holding the remaining 90% interest in the Villeneuve JV · structure: shares · name source: recital · relationship: unstated · agreement date: 2019-05-16
- report date16 May 2019
- report noFifteenth Report
- sale outcometext: Receiver reached a sale agreement for the Villeneuve Property, subject to court approval · scope: parcel · status: pending_approval